Chinese Tica acquires Italy-based Exergy ORC technology specialist

Tica, a Chinese HVAC manufacturer, acquired Exergy, an Italy-based specialist in Organic Rankine Cycle systems, from Maccaferri Industrial Group, including its headquarters near Milan and a Turkish subsidiary.

“Exergy has approximately 450 MWe installed in its portfolio of ORC systems and the second largest geothermal binary fleet worldwide.”powerprogress.com

• 1 source
• powerprogress.comAcquisition In Organic Ranking Cycle Technology - Power ProgressRoberta PrandiJan 19, 2020

Summarized from public sources; check the original articles before acting on it.